CSCSTEEL is a very good counter, it has RM270mil cash in hand. With this amount of cash, it can buyout the entire MYCRON STEEL, and monopoly malaysia flat steel industry.
Hard to say Csc would deliver another lackluster QR. I guess the profit would be much better than 4th Qtr 2016.
If you make a rough comparison quaterly results of YKGI between 1stQtr17 and 4thQtr16, the gross profit margin is ,in fact, higher as reported in the last east quarter. YKGI suffered loss in 4thQtr16 was mainly due to one off loss on disposal of property and plant and machinery written off about RM 11 million. By excluding one off losses, YKGI was able to fetch higher gross margin for the lastest quarter.
probability results will also be bad like Mycron 09/05/2017 20:2
Despite raider favor choobee over csc....u must understand both of the counter csc and choobee are excellent company with big net cash 0f about rm 0.90 per share loh....!!
Csc propose div of Rm 0.14 while choobee prpose rm 0.09 div mah...!! Csc trade at Pe 10.5x while choobee 9.5x mah...!!
Csc nta rm 2.20 per share while choobee rm 4.15 per share loh...!!
Raider see csc better manage than choobee...bcos of its consistent div payout loh...!!
Overall raider see choobee has bigger margin of safety but this compensated by better management at CSC loh...!!
This guy is funny. When choobee stock price dropped, you said choobee is lausy stock, as proofed by the stock price. Now cscstel price is lower, n you say stock price is temporary?! You better don't comment about choobee n cscstel anymore. That would just serve as laughter!
Thanks CSC @XUXNN when price fly. Because these CSC guys are working hard enough for the shareholders. They're seriously awesome people with clear direction. Cash holding company.
22avenue Thanks CSC @XUXNN when price fly. Because these CSC guys are working hard enough for the shareholders. They're seriously awesome people with clear direction. Cash holding company.
@stocker indeed.
agree, they are strong company with strong performance. They are real business man
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
sogeking
228 posts
Posted by sogeking > 2017-04-10 12:44 | Report Abuse
Rising slow